South Africa bends over merger of beer giants
- The intention of the beer giant AB InBev, SABMiller to merge will be from 22 to 24 June will be examined by the South African cartel watchdog.
The Belgian-Brazilian-American brewer will definitely be the biggest brewer. By acquiring the number two SABMiller, AB InBev will receive an almost unassailable position.
AB InBev has deposited € 95 billion to incorporate SABMiller. The Belgian company has knocked at a dozen banks to take out loans with a total value of about $ 70 billion.
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Heineken gets the combination AB Inbev and SABMiller a very strong competitor in front on all markets in which it operates. The combination of AB Inbev and SABMiller could make a very powerful punch with the many brands that it owns.
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